7 Bed Quadruplex in Victoria
A unique opportunity in one of the finest neighbourhoods in all of Victoria. 160 Beechwood Avenue just off Hollywood Crescent is a LEGAL 5 Plex sitting on a large lot (twice the size of neighbouring lots), with downstream development potential for more revenue to be created. (Potential Buyers to satisfy themselves with City of Victoria). Existing property has seen close to $1,000,000 worth of upgrades in the last year with 4 of the suites taken down to their studs and re-built to code. All new heating & cooling mechanical systems installed, hot water on-demand, electrical upgrades, 4 new suites have in-house laundry, separate panels, and natural gas with wall mounted gas furnaces. Comprised of four 1 Bedroom Suites (three with excellent 2022 market rents- one with ocean glimpse) & one rare large, 2 Bedroom plus den/ two bathroom/ two Level unit which would make an excellent owner/occupier suite, (recently rented for $3350/month). To learn more connect with your realtor today.